Sebi’s software scanners can spot sneaky trades
Insider trading was once among the big temptations of corporate life. A quick buck could be made on stock markets off privileged information at little risk of getting caught. But we are now in an era of online data capture and the space for impunity should reduce with each leap in surveillance technology. The ratio of executives who get away with ill-gotten gains to those who get nabbed will never be known, but it is a welcome revelation that a role was played by digital tools in spotting anomalies that led to charges being framed in India’s latest case.